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eTN Sri Lanka contributor appointed to international board of Asian Eco-Tourism Network


Srilal Miththapala, senior tourism industry personality and regular contributor to eTurboNews from Sri Lanka, has been appointed to the Board of the Asian Eco-Tourism Network.
Srilal Miththapala, senior tourism industry personality and regular contributor to eTurboNews from Sri Lanka, has been appointed to the Board of the Asian Eco-Tourism Network, (AEN) with effect from January 1, 2019.  He will initially function as a non- voting member on the board, for a period of 6 months, after which he will be appointed as full board member at the AGM in June 2019.
Srilal joins another Sri Lankan on the board, Hiran Cooray, Chairman of the Jet Wing group. ....

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LOLC Group achieves first-ever historic profitability in Sri Lanka's corporate sector, recording a stunning Rs. 57 Bn in PBT - Adaderana Biz English


LOLC Group achieves first-ever historic profitability in Sri Lanka’s corporate sector, recording a stunning Rs. 57 Bn in PBT
May, 31, 2021
Sri Lanka’s most valuable and globally diversified financial conglomerate, the LOLC Group, posted a record-breaking performance for the financial year ending 31st March 2021, achieving unprecedented bottom line results of Rs. 57Bn in Profit Before Tax (PBT), and a Profit After Tax (PAT) of Rs. 53Bn - a first for any corporate in the country. By achieving profits on this massive scale in the history of Sri Lanka’s corporate world, the Group once again consolidated its position as the top most profitable diversified corporate in the country, three years in a row - establishing LOLC as one of the largest Micro and Small & Medium Enterprises (MSME) platforms in the world. ....

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Sri Lanka : Hemas divests its shareholding in Serendib Hotels


Sat, Dec 19, 2020, 09:53 am SL Time, ColomboPage News Desk, Sri Lanka.
Dec 19, Colombo: In line with Hemas’ portfolio strategy of focusing on its core sectors – Consumer, Healthcare and Mobility, Hemas Holdings PLC (HHL) divested its’ shareholding in Serendib Hotel PLC to Eden Hotel Lanka PLC, a subsidiary of LOLC Holdings PLC for a total consideration of LKR 791.7 million.
Serendib Hotels PLC is the majority shareholder of Dolphin Hotels PLC, Hotel Sigiriya PLC, Serendib Leisure Management Ltd, Frontier Capital Lanka (Pvt) Ltd and Sanctuary Resorts Lanka (Pvt) Ltd. HHL will continue to hold a few leisure sector assets, which includes its investment in Anantara Peacehaven Tangalle Resort. ....

Sri Lanka , Kasturi Chellaraja Wilson , Anantara Peacehaven Tangalle , Serendib Leisure Management Ltd , Eden Hotel Lanka , Asia Securities Advisors Pvt Ltd , Serendib Hotels , Hotel Sigiriya , Hemas Holdings , Sanctuary Resorts Lanka Pvt Ltd , Dolphin Hotels , Serendib Hotel , Frontier Capital Lanka Pvt Ltd , Colombopage News Desk , Frontier Capital Lanka , Sanctuary Resorts Lanka , Aviation Representation , Securities Advisors , ஸ்ரீ லங்கா , சேரெந்திப் ஓய்வு மேலாண்மை லிமிடெட் , ஈடன் ஹோட்டல் லங்கா , சேரெந்திப் ஹோட்டல் , ஹோட்டல் சிகிரிய , சரணாலயம் ரிசார்ட்ஸ் லங்கா பிரைவேட் லிமிடெட் , டால்பின் ஹோட்டல் , எல்லை மூலதனம் லங்கா பிரைவேட் லிமிடெட் ,